VNG Income Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2019	FY 2018	FY 2013	FY 2012	FY 2011	2010 - 2006
Period Ending	Dec '19 Dec 31, 2019	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '13 Dec 31, 2013	Jan '13 Jan 1, 2013	Dec '11 Dec 31, 2011	2010 - 2006
Revenue	914,823	914,823	919,310	56,878	53,233	59,499	Upgrade
Revenue Growth (YoY)	1508.39%	-0.49%	1516.28%	6.85%	-10.53%	-17.84%	Upgrade
Cost of Revenue	662,029	662,029	630,851	34,613	33,890	39,875	Upgrade
Gross Profit	252,794	252,794	288,459	22,265	19,343	19,624	Upgrade
Selling, General & Admin	193,301	193,301	186,471	14,508	12,965	13,795	Upgrade
Operating Expenses	193,301	193,301	186,471	14,508	12,965	13,795	Upgrade
Operating Income	59,493	59,493	101,988	7,757	6,378	5,829	Upgrade
Interest Expense	-59,740	-59,740	-42,459	-6,068	-6,427	-4,469	Upgrade
Interest & Investment Income	17,218	17,218	44,580	58.24	18.79	2,826	Upgrade
Earnings From Equity Investments	-1,975	-1,975	-2,329	-1,737	-1,379	-	Upgrade
Currency Exchange Gain (Loss)	70.64	70.64	238.36	-0.03	-3.49	13.99	Upgrade
Other Non Operating Income (Expenses)	4,330	4,330	-6,279	3,162	3,539	301.67	Upgrade
EBT Excluding Unusual Items	19,396	19,396	95,738	3,172	2,126	4,501	Upgrade
Gain (Loss) on Sale of Investments	30,769	30,769	-5,576	-1,769	-319.9	-67	Upgrade
Gain (Loss) on Sale of Assets	3,523	3,523	242.84	-	80.46	-13.14	Upgrade
Other Unusual Items	-	-	-	34.36	-	-	Upgrade
Pretax Income	53,689	53,689	90,405	1,437	1,887	4,421	Upgrade
Income Tax Expense	16,365	16,365	21,627	975.17	752.4	1,449	Upgrade
Earnings From Continuing Operations	37,324	37,324	68,778	461.35	1,134	2,972	Upgrade
Minority Interest in Earnings	-16,073	-16,073	-21,993	-	-	-	Upgrade
Net Income	21,251	21,251	46,785	461.35	1,134	2,972	Upgrade
Preferred Dividends & Other Adjustments	5,599	5,599	13,299	-	-	871.86	Upgrade
Net Income to Common	15,652	15,652	33,487	461.35	1,134	2,100	Upgrade
Net Income Growth	4506.28%	-54.58%	10040.98%	-59.33%	-61.84%	-54.41%	Upgrade
Shares Outstanding (Basic)	83	83	77	13	13	13	Upgrade
Shares Outstanding (Diluted)	83	83	77	13	13	13	Upgrade
Shares Change (YoY)	537.38%	7.98%	490.26%	-	-	-	Upgrade
EPS (Basic)	188.90	188.90	436.40	35.49	87.25	161.58	Upgrade
EPS (Diluted)	188.90	188.90	436.00	35.49	87.25	161.58	Upgrade
EPS Growth	432.30%	-56.67%	1128.57%	-59.33%	-46.00%	-66.02%	Upgrade
Free Cash Flow	-226,502	-226,502	-166,039	967.68	210.16	-15,878	Upgrade
Free Cash Flow Per Share	-2733.57	-2733.57	-2163.84	74.44	16.17	-1221.36	Upgrade
Gross Margin	27.63%	27.63%	31.38%	39.14%	36.34%	32.98%	Upgrade
Operating Margin	6.50%	6.50%	11.09%	13.64%	11.98%	9.80%	Upgrade
Profit Margin	1.71%	1.71%	3.64%	0.81%	2.13%	3.53%	Upgrade
Free Cash Flow Margin	-24.76%	-24.76%	-18.06%	1.70%	0.39%	-26.69%	Upgrade
EBITDA	158,115	158,115	178,399	12,201	13,991	10,451	Upgrade
EBITDA Margin	17.28%	17.28%	19.41%	21.45%	26.28%	17.57%	Upgrade
D&A For EBITDA	98,622	98,622	76,411	4,445	7,613	4,622	Upgrade
EBIT	59,493	59,493	101,988	7,757	6,378	5,829	Upgrade
EBIT Margin	6.50%	6.50%	11.09%	13.64%	11.98%	9.80%	Upgrade
Effective Tax Rate	30.48%	30.48%	23.92%	67.88%	39.88%	32.77%	Upgrade
Revenue as Reported	914,823	914,823	919,310	56,878	53,233	59,499	Upgrade
Advertising Expenses	8,161	8,161	2,144	-	-	-	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.